Trump wanted peace talks. Now the U.S. has seized an Iranian ship.

U.S. forces seized an Iranian ship in the Gulf of Oman. Michelle Price of the Associated Press assesses what it means for potential peace talks between the U.S. and Iran.

Federal Reserve Chair Jerome Powell’s term is up in May. The Wall Street Journal’s Nick Timiraos explains the political tug-of-war over his successor.

The portal for businesses to claim refunds for tariffs the Supreme Court ruled illegal goes live Monday. Tim Aeppel of Reuters joins to discuss why some businesses are wary about complications that may arise.

Plus, a gunman killed eight children in Louisiana, why the DOJ is trying to obtain 2024 election ballots from a Michigan county, and how a robot shattered the human half-marathon record.

Today’s episode was hosted by Yasmeen Khan.